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BuildingBusiness Bay · Select Global Development · 2024

Peninsula Two

Studios to two-beds in Business Bay. 65 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 10 November 2026
Typical price per sqftAED 2,573Down 1.1% on the year
Typical saleAED 1.65M65 sales
Typical rentAED 90K /yrAED 155 per sqft
Typical yield6.0%gross, before service charges

About Peninsula Two

Peninsula Two is a freehold apartment building in Business Bay, in central Dubai beside Downtown Dubai. It was developed by Select Global Development and completed in 2024. The tower has 35 storeys and 439 apartments, from studios to two-bedroom units, with sizes from 212 to 965 sqft. Peninsula Three, Peninsula One and Peninsula Four Lofts A are its neighbouring buildings. Business Bay metro station (Red Line) is about 800 m away, on the Sheikh Zayed Road side of the district. Burj Khalifa/Dubai Mall is one stop north. For daily needs, W Mart Supermarket is within walking distance (about 200 m). DHA academy and BBET Dog Park are also within walking distance, each about 300 m away.

439 apartments over 35 floors: 189 studios of 212 to 452 sqft, 157 one-beds of 293 to 690 sqft and 93 two-beds of 904 to 965 sqft.

65 apartments sold in the 12 months to November 2026, at a median of AED 2,573 per sqft, down 1.1% on the year before. 155 rental contracts were registered over the same 12 months, at a typical AED 90,000 a year.

YallaValue estimates what the apartments in Peninsula Two are worth today, home by home, and updates the estimates daily. An estimate is free: choose the unit in the list on this page and verify once by WhatsApp, email or Google.

Developer
Select Global Development
Completed
2024
Floors
35
Units
439
Unit types
Studio to 2-bed

Business Bay, Dubai

Average prices in Peninsula Two

In Peninsula Two, typical sale prices over the last 12 months were around AED 1,120,000 for studios, AED 1,650,000 for one-beds and AED 2,300,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Peninsula Two

2,0002,5003,000May 2026Nov 20262025-11-14: AED 1,786, 1-bed, 570 sqft2025-11-18: AED 2,719, Studio, 390 sqft2025-11-18: AED 2,493, Studio, 425 sqft2025-11-25: AED 2,352, Studio, 425 sqft2025-11-25: AED 2,664, 1-bed, 672 sqft2025-11-26: AED 3,244, Studio, 339 sqft2025-11-28: AED 2,624, 2-bed, 915 sqft2025-11-28: AED 2,687, 2-bed, 911 sqft2025-12-04: AED 2,422, 1-bed, 640 sqft2025-12-04: AED 2,512, 2-bed, 949 sqft2025-12-05: AED 2,374, 2-bed, 948 sqft2025-12-08: AED 2,685, 1-bed, 663 sqft2025-12-11: AED 2,655, 2-bed, 904 sqft2025-12-15: AED 2,502, 2-bed, 929 sqft2025-12-16: AED 2,939, Studio, 408 sqft2025-12-17: AED 2,926, Studio, 390 sqft2025-12-22: AED 2,743, Studio, 408 sqft2025-12-22: AED 2,554, 2-bed, 920 sqft2025-12-23: AED 2,982, 1-bed, 570 sqft2025-12-23: AED 2,843, 2-bed, 904 sqft2026-01-02: AED 2,581, 2-bed, 949 sqft2026-01-08: AED 2,815, Studio, 417 sqft2026-01-21: AED 2,479, 2-bed, 948 sqft2026-01-22: AED 2,659, 1-bed, 639 sqft2026-05-08: AED 3,005, Studio, 424 sqft2026-05-11: AED 2,973, Studio, 420 sqft2026-06-11: AED 2,914, Studio, 420 sqft2026-06-17: AED 2,998, Studio, 408 sqft2026-06-18: AED 2,534, Studio, 424 sqft2026-06-26: AED 2,447, 2-bed, 960 sqft2026-07-01: AED 2,983, 1-bed, 570 sqft2026-07-08: AED 2,797, Studio, 408 sqft2026-07-09: AED 2,447, 1-bed, 684 sqft2026-07-09: AED 2,525, 2-bed, 911 sqft2026-07-15: AED 3,067, Studio, 408 sqft2026-07-16: AED 2,385, 2-bed, 943 sqft2026-07-17: AED 2,363, 1-bed, 688 sqft2026-07-17: AED 2,202, 2-bed, 944 sqft2026-07-24: AED 2,823, Studio, 390 sqft2026-08-06: AED 2,544, 1-bed, 570 sqft2026-08-11: AED 2,573, Studio, 408 sqft2026-08-11: AED 2,231, 2-bed, 918 sqft2026-08-14: AED 2,831, Studio, 442 sqft2026-08-18: AED 2,248, 1-bed, 618 sqft2026-08-20: AED 2,589, 1-bed, 630 sqft2026-08-21: AED 2,342, 2-bed, 943 sqft2026-08-25: AED 2,604, 1-bed, 637 sqft2026-08-27: AED 2,745, 2-bed, 911 sqft2026-09-01: AED 2,240, Studio, 212 sqft2026-09-14: AED 2,141, 2-bed, 911 sqft2026-09-16: AED 2,692, Studio, 409 sqft2026-09-17: AED 2,358, 2-bed, 943 sqft2026-09-24: AED 2,632, 1-bed, 570 sqft2026-09-24: AED 2,691, 1-bed, 630 sqft2026-09-29: AED 2,561, 1-bed, 671 sqft2026-10-01: AED 2,256, 1-bed, 671 sqft2026-10-05: AED 2,395, 2-bed, 960 sqft2026-10-06: AED 2,619, 1-bed, 630 sqft2026-10-08: AED 2,503, Studio, 408 sqft2026-10-16: AED 2,567, Studio, 390 sqft2026-10-19: AED 3,028, Studio, 390 sqft2026-10-22: AED 2,385, 2-bed, 943 sqft2026-11-04: AED 1,905, 1-bed, 630 sqft2026-11-04: AED 2,305, 2-bed, 911 sqft2026-11-05: AED 2,250, 2-bed, 911 sqftTrend: AED 2,722 to AED 2,483

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Peninsula Two

  • Completed2-bed · 910 sqft 05 Nov 2026AED 2,050,0002,251 /sqft
  • Completed2-bed · 910 sqft 04 Nov 2026AED 2,100,0002,306 /sqft
  • Completed1-bed · 629 sqft 04 Nov 2026AED 1,200,0001,905 /sqft
  • Completed2-bed · 943 sqft 22 Oct 2026AED 2,250,0002,385 /sqft
  • CompletedStudio · 389 sqft 19 Oct 2026AED 1,180,0003,028 /sqft
  • CompletedStudio · 389 sqft 16 Oct 2026AED 1,000,0002,567 /sqft
  • CompletedStudio · 408 sqft 08 Oct 2026AED 1,022,7002,504 /sqft
  • Completed1-bed · 629 sqft 06 Oct 2026AED 1,650,0002,620 /sqft
  • Completed2-bed · 960 sqft 05 Oct 2026AED 2,300,0002,395 /sqft
  • Completed1-bed · 671 sqft 01 Oct 2026AED 1,515,0002,256 /sqft

Over the last 12 months, Peninsula Two has recorded 65 apartment sales. Typical homes sold for around AED 1.65M (about AED 2,573 per sqft) with a median size of 630 sqft, from roughly AED 475K to AED 2.57M.

1–10 of 797

Units in Peninsula Two

439 units
  • Unit 2011-bed · 633 sqftSold AED 1.01M, May 2022
  • Unit 202Studio · 339 sqftSold AED 1.1M, Nov 2025
  • Unit 203Studio · 401 sqftSold AED 690K, Aug 2022
  • Unit 204Studio · 452 sqftSold AED 995K, Feb 2024
  • Unit 2051-bed · 613 sqftSold AED 1.34M, Oct 2024
  • Unit 3011-bed · 688 sqftSold AED 1.12M, Mar 2022
  • Unit 3022-bed · 918 sqftSold AED 2.05M, Aug 2026
  • Unit 303Studio · 408 sqftSold AED 666K, Feb 2022
  • Unit 3041-bed · 632 sqftSold AED 1.04M, Jan 2022
  • Unit 3052-bed · 963 sqftSold AED 1.41M, Mar 2022
1–10 of 439
Every unit in Peninsula Two, by number

By type: studios (189), one-beds (157), two-beds (93).

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
Peninsula ThreeAED 2,6656.1%
Peninsula OneAED 2,6896.7%
Peninsula Four Tower V3Few sales
Peninsula Four Lofts AAED 3,150
Peninsula Four Tower AAED 2,5515.9%
1–5 of 186 · nearest first

Peninsula Two in numbers

  • Across 65 DLD sales in the 12 months to November 2026, the median price in Peninsula Two was AED 2,573 per sqft and the typical home sold for about AED 1.65M.
  • Completed in 2024 by Select Global Development; 35 floors of studios to two-beds.
  • An one-bed of 293 to 690 sqft rents for AED 80,000 to 140,000 a year on the 71 contracts registered in the last 12 months.
  • Gross rental yield 6.0%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2026.

Questions

How much does a studio in Peninsula Two cost?

23 studios sold in the 12 months to November 2026, for AED 475,000 to 1,275,000; the median was AED 1,120,000, or AED 2,815 per sqft. Across all 65 sales in Peninsula Two, of every type, the median was AED 1,650,000, or AED 2,573 per sqft.

How much is an one-bed for rent in Peninsula Two?

About AED 96,000 a year: that is the median of the 71 contracts for one-beds registered with Ejari in the 12 months to November 2026, from AED 80,000 to 140,000. Across all 155 contracts in Peninsula Two, of every type, the median was AED 90,000 a year.

What is my apartment in Peninsula Two worth?

YallaValue keeps an estimate for the apartments in Peninsula Two, home by home, updated daily. It is free: choose your unit in the list on this page and verify once by WhatsApp, email or Google. For a guide before that: 23 studios sold for AED 475,000 to 1,275,000 in the 12 months to November 2026.

What is the rental yield in Peninsula Two?

About 6.0% gross across the building, from about 6.5% for two-beds to 5.5% for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Peninsula Two gone up?

The median price per sqft fell from about AED 2,602 to AED 2,573 over the 12 months to November 2026, down 1.1%, on 65 sales against 109 the year before.

Who built Peninsula Two and when?

Select Global Development; completed in 2024; 35 floors; 439 apartments.

How many apartments are there in Peninsula Two?

439, studios to two-beds. Each has its own page with its full sales and rental history.

Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.

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